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Monday, 20 May 2013
Pac-12's Scott Becomes Highest Paid Commissioner
In his four years as commissioner, Larry Scott has transformed the sleepy Pacific-10 Conference into the big-business Pac-12, expanding the conference and quadrupling its annual television-rights revenue. Scott cashed in on his aggressive moves in 2011-12, earning more than $3 million, according to tax documents released by the conference Sunday. That appears to be the highest compensation ever for a sitting college commissioner.
Scott took home a $1,376,000 bonus in addition to a base salary of $1,575,000 and other compensation of $71,462. His total compensation surpassed that of Big Ten commissioner Jim Delany, who made $2.8 million in salary, bonuses and benefits that year. It also is nearly double the $1.6 million listed for commissioner Mike Slive of the SEC.
In the span of 2011-12, Scott added the Universities of Colorado and Utah as members after initially exploring the possibility of a 16-team conference. He brokered a broadcast-rights deal with ESPN and Fox worth $3 billion over 12 years, elevating the Pac-12 from a distant fifth place nationally to the leader, with the new deal worth an average of $250 million annually. He led the launch of the Pac-12 Networks, the only such venture to be wholly owned by a conference.
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